10:40 PM,
Mar. 18, 2014

Councilman Jerry Maynard said the privatization deal would maintain 'the continuation of high-quality health care services to those residents while protecting our Metro employees as they transition' to working for private entities.

Written by

Michael Cass
| mcass@tennessean.com

Metro government will start pulling out of the nursing home and assisted living businesses after council members agreed Tuesday to privatize two of the city's heavily subsidized health care facilities.

Finishing a process that began nearly a year ago, the council voted 29-1 for Mayor Karl Dean's plan to privatize Bordeaux Long Term Care nursing home and J.B. Knowles Home for the Aged, an assisted living facility. Dean plans to turn over the facilities, which have operated at substantial financial losses and are subsidized to the tune of about $10.5 million a year, to developers and health ...